<article>Education technology startup <a href="http://dealstreetasia.com/tag/aeon-learning" target="_blank" rel="noopener">AEON Learning</a> has raised $3.2 million from MEMG Family Office, a fund by Rajan Pai, chairman of <a href="http://dealstreetasia.com/tag/manipal" target="_blank" rel="noopener">Manipal Education and Medical Group</a>.</article>

Education technology startup <a href="http://dealstreetasia.com/tag/aeon-learning" target="_blank" rel="noopener">AEON Learning</a> has raised $3.2 million from MEMG Family Office, a fund by Rajan Pai, chairman of <a href="http://dealstreetasia.com/tag/manipal" target="_blank" rel="noopener">Manipal Education and Medical Group</a>.
The Bengaluru-based company is focused on online degree programmes and skill development courses. &#8220;AEON will use the latest investments towards growing business from its university partnerships, and skill programs,&#8221; the company said in a statement. In future, AEON Learning plans to expand to new geographies and go global with its academic collaborations. To achieve this, the company will continue to explore fundraising opportunities, it said.
In 2016-17, AEON had expanded its operations from South India to over 150 towns and cities across the country.
AEON Learning offers its education services through platforms Avagmah and Acadgild, which it acquired recently.
In November last year, AEON Learning Pvt Ltd acquired <a href="http://dealstreetasia.com/tag/acagild" target="_blank" rel="noopener">Acadgild</a>, which offers high-end tech skills to mid-career IT professionals, for $10 million in an all-stock deal. Acadgild offers a hybrid model that combines live classes and an online platform for learning.
AEON Learning has cumulatively raised $6.5 million from investors like Kris Gopalakrishnan, co-founder of Infosys; Atul Nishar, founder of Hexaware and Aptech Computer Education; Singapore-based Lionrock Capital; Neeraj Bhargava of Zodius Capital; and Jupiter Capital, among others, in the past.
&#8220;The combined and complementary strengths of Avagmah and Acadgild have already positioned AEON Learning at the forefront of the tech-enabled education revolution in India. With a proven track record of successful execution we are now ready to scale up and serve more users with an integrated portfolio of technology skills and in-demand higher education courses,&#8221; said Karthik KS, founder and CEO of AEON Learning.
Also Read:
<a style="color: #ff0000;" href="https://www.dealstreetasia.com/stories/india-edtech-firm-aeon-learning-acquires-acadgild-for-10m-87504/" target="_blank" rel="noopener">India: Edtech firm AEON Learning acquires Acadgild for $10m</a>
<a style="color: #ff0000;" href="https://www.dealstreetasia.com/stories/ed-tech-startup-avagmah-receives-funding-from-infosys-gopalakrishnan-hexaware-atul-nishar-34361/" target="_blank" rel="noopener">India: Ed-tech startup Avagmah gets funding from Infosys’ Gopalakrishnan, Hexaware’s Atul Nishar</a>

AEON Learning, has raised $3.2 million from MEMG Family Office, a fund by Rajan Pai, chairman of Manipal Education and Medical Group.

India: Edtech firm AEON Learning raises $3.2m in Series B round

Bring stories like this into your inbox every day.

Sign up for our newsletter - The Daily Brief

India: Edtech firm AEON Learning raises $3.2m in Series B round

Start your deal-making journey now!

Bring stories like this into your inbox every day.

Sign up for our newsletter - The Daily Brief